Brent crude oil rises steadily – Analysis 21-05-2025

neft-l2The (Brent) price rose sharply in its last intraday trading, preparing for reaching the key resistance at $66.50, amid the dominance of the bullish correctional trend on the short-term basis and its trading alongside a bias line, with the continuation of the positive pressure due to its trading above the EMA50, besides the emergence of the positive signals on the (RSI), despite reaching overbought levels.

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